Xi Jinping has been elected General Secretary of Communist Party of China.18th Party Congress of CPC which concluded on 14th November had elected a 205 member Central Committee.The challenges before the new leadership are mainly corruption and social ineqality.
Exports recorded a 1.63 per cent fall in October on a year-on-year basis,as the trade deficit widened to a vernment,today evening. @ by 7.37 per cent to $44.2 billion.
On day one of the 2G spectrum auction,the response was not enthusiastic,the reason attributed to high base price and the govt received bids worth only Rs.9200 cr.Out of the 22 circles,bids were got for 18,with Delhi,Mumbai,Rajasthan and Karnataka which had the highest base price drawing a blank.However the demand and the reserve price crossed in UP(E) and UP(W)
Central Government has given the nod to a proposal for disinvestment of 10 per cent of its equity in Hindustan Aeronauticals Ltd through a initial public offer(IPO).HAL at present is handling key projects for the armed forces including manufacturing and develoment of aircrafts.Centre seems not concerned in allowing private partcipation in areas where national security is involved
CHQ WISHES ALL A VERY HAPPY DIWALI
BSNLEU and United Forum have decided for a TOKEN STRIKE on 16th November against sheer inaction of the authorities to arrest the culprits including Adesh Kumar,GM Ghaziabad for the brutal murder of Com.Sukender Pal,Dist.Secy,BSNLEU on 22nd October .AIBDPA calls upon all its units through out the country to support the strike in every respect
The decision of the central government to levy Rs.10890 crore from BSNL and MTNL towards additional spectrum charge would surely put the PSUs to furthur crisis which are already incurring loss for the last three years.Therefore the demand of the Joint Forum of Unions in BSNL and MTNL to excempt the PSUs from the one time fee is fully justified.
The CMDs of central PSUs have demanded the Heavy Industry Ministry to grant more autonomy and powers to run the units effectively.This is fully justified and further more the unnecessary interventios of the Centre should be avoided.BSNL had the bitter experience of cancellation of 45 million and 95 million GSM tenders by the intervention of the government which affected its development badly.
For the third consecutive month,the mobile subscriber base has gone down. It has been reduced from 908.36 million in August 2012 to 906.62 million in September.17.4 lakh connections have been reduced within one month.At the same time, BSNL has added 3.93 lakh connections. A significant achievement indeed